Louisiana’s gambling riverboats may soon be able to move ashore. Later this year, state lawmakers will consider a significant revision of the state’s riverboat casino laws for the first time in nearly two decades.view
MGM Growth Properties made public Tuesday its unsolicited offer for Vici Properties, the REIT that was spun off from Caesars Entertainment when it emerged from bankruptcy last October.view
The Analyst | Every year all Nevada casinos submit something known as a standardized financial statement to the Nevada Gaming Control Board. The report is prepared for the same time period as Nevada’s fiscal year.view
Yavapai Downs, the defunct racetrack in Prescott, Arizona has a new owner, a group led by Phoenix-based JACOR Partners. The company announced that its affiliate J and J Equine Enterprises LLC has closed on the purchase of the racetrack property.view
Penn National Gaming has obtained the right to operate a casino near Pennsylvania’s southern border in York County, submitting a winning bid last week of just over $50 million. The chosen site is expected to draw heavily from Maryland.view
Nevada’s comeback from the significant business downturn beginning ten years ago continues as the state’s largest casinos turned a profit for the second fiscal year in a row and finally broke the revenue record set in 2007.view
In Ohio, Penn National’s Hollywood Casino Columbus was the state’s top casino in 2017 based on revenue. It’s the second straight year for the distinction, according to data released last week by the Ohio Casino Control Commission.view
New regulations now in place at three Jeff Gural-owned standardbred tracks and two Woodbine Entertainment Group ovals have stiffened penalties against owners whose horses have been drugged.view
Ten Federal lawmakers representing New Jersey have asked the U.S. Justice Department to keep Internet gambling legal. Internet gambling is now a flourishing industry, helping Atlantic City’s seven casinos recover from a challenging three-year period.view
Amid recent data showing many newly opened New York State casinos are not meeting their revenue projections, the Oneida Nation's newest casino in Bridgeport in Madison County, is now scheduled to open March 1.view
Nevada Gov. Brian Sandoval has named Republican State Sen. Becky Harris as the new chair of the Gaming Control Board (GCB), the governor’s office announced Friday morning. She will be the first woman to serve in that capacity.view
Harness horsemen at historic Monticello Raceway in New York have received some job security thanks to a new, long-term agreement guaranteeing the track’s purse structure for the next seven years.view
In Florida, the push towards allowing residents to vote on a proposed constitutional amendment to decide on future gambling expansion is about 41,000 signatures short of making the November ballot. The effort faces a Feb. 1 deadline.view
The Stronach Group’s various moves to strengthen business at its major thoroughbred racetracks is achieving improved results at Florida’s Gulfstream Park where a record $1.887 billion was wagered on its races in 2017.view
The Adelson Family Foundation is continuing its unprecedented efforts to assist in recovery efforts in Macau from Typhoon Hato by awarding more than $1.9 million (US) this week to the University of Saint Joseph.view
Las Vegas-based MGM Resorts International returns as the presenting sponsor of the Dr. Martin Luther King, Jr. Parade Monday, Jan. 15th in Downtown Las Vegas. The theme will be, "Living the Dream – Building a Bridge to Unity."view
Maryland’s six casinos took in $141 million in December, the second-best revenue month ever. The first Maryland casino opened in in 2010. MGM National Harbor led all state casinos reporting $56.5 million from table games and slot machines.view
Lawmakers are considering a whopping progressive tax on proposed Japanese casino/resorts that might reach 50 percent of gross gaming revenue, reports The Japan Times.
Las Vegas-based Boyd Gaming Corp. (BYD) reported fourth-quarter net income of $82.2 million on Tuesday. The company said it had profit of 71 cents per share. Earnings, adjusted for pretax gains, were 22 cents per share.
MGM Resorts International Chairman and CEO Jim Murren has revealed his company is ready to quickly move toward accepting sports bets, should the U.S. Supreme Court legalize national sports wagering.
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